Job Purpose:
Teva is seeking a highly experienced Head of Global Procurement / Chief Procurement Officer (CPO) to take on a significant leadership role within the company. The CPO will be instrumental in shaping Teva’s global procurement strategy, both direct and indirect, and will play a pivotal role in managing supplier relationships and the operation of company facilities. This position requires a strategic thinker who can drive value and innovation, ensuring sustainable growth for Teva.
As the Head of Global Procurement, the CPO will be responsible for overseeing a substantial annual spend of over $6 billion and leading a large team of approximately 350 procurement professionals across more than 100 global sites. This role is crucial for the efficient and effective management of Teva’s procurement activities, and it demands a professional with a strong background in procurement strategy and operations.
If you’re an experienced CPO with the ability to lead at a global scale and drive significant improvements in procurement processes, this opportunity at Teva could be a perfect fit for your expertise. It’s a chance to contribute to a company that values innovation and sustainable growth, and to make a meaningful impact on its operations and success.
This opportunity can be based in either Europe or Parsippany, USA
Key Responsibilities:
Develops and implements global procurement strategy (direct and indirect expenses) aligned with TGO & market standards, and with TGO and Teva corporate goals
Oversees the development and execution of best-in-class category strategies to extract maximum value from Teva's external spend and supplier base, focusing on cost savings, operational performance, quality, ESG performance, innovation, supply chain resilience and risk management
Secures buy-in from key business stakeholders to collaborate on ambitious goals in cost savings, compliance, CO2 reduction, sustainability and process improvement
Oversees the strategic sourcing process (including market research, benchmarks, supplier segmentation and evaluation, contract negotiation) and the development of initiatives to reduce total cost of ownership across the whole product lifecycle
Drives partnership strategy and leads executive relationships with critical suppliers to ensure timely and cost-effective delivery of products and compliance with quality, regulatory and safety standards, and to secure access to innovation
Drives the optimization of Procurement processes, analytics, and digital tools to maximize efficiency and value delivery
Builds a team with strong negotiation and Procurement functional skills to maximize value delivery and manage risk
Ensures regulatory & quality compliance in procurement management, including the management and maintenance of facilities to meet operational needs & regulatory standards
Leads and mentors a high-performing team, fostering collaboration and innovation
Supports team members' professional growth and development
